Foam Lake Credit Union - Loans and Lines of Credit

Consumer Loan

Get the credit you need, with a repayment schedule that works for you. We offer a full range of consumer lending products such as consolidating your debts, vehicle purchases, investment and RRSP top up - we have various options for you.

Key Features

Fixed or floating interest rates
Optional life, disability and critical illness insurance
No penalty for early paybacks or for making extra principal payments

Contact Our Lending Department

Quick Loan

If you prefer the structure of a loan but like the option of a revolving line of credit, you’ll really like our Quick Loan product.

Key Features

Re-advanceable funds up to an approved limit
Easy access to funds
Flexible terms and repayment options

Contact Our Lending Department

Line of Credit

Convenient option that gives you access to money when you need it.

Key Features

No repayment restrictions
Easy access to funds
Interest paid only on what you use
Minimum payment of accrued interest
Reuse your available credit

Contact Our Lending Department

Flexible payment schedule – Options to coincide with income.
Personalized support – Our team of lending experts will help you find the best financing solution and payment plan for your business needs.

Fixed or variable rate options – Select from variable or fixed interest rates, depending on your needs.
Repay your way – No penalty for early paybacks or for making extra principal payments.